Filing Details

Accession Number:
0001144204-10-008526
Form Type:
5
Zero Holdings:
No
Publication Time:
2010-02-16 12:00:00
Reporting Period:
2009-12-31
Filing Date:
2010-02-16
Accepted Time:
2010-02-16 21:43:08
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1114220 Keryx Biopharmaceuticals Inc KERX Pharmaceutical Preparations (2834) 134087132
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1038977 S Michael Weiss 787 Seventh Avenue
New York NY 10019
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2009-01-28 51,300 $3.06 1,913,700 No 5 S Direct
Common Stock Disposition 2009-02-03 25,714 $2.70 1,887,986 No 5 S Direct
Common Stock Disposition 2009-12-07 165,000 $3.30 1,722,986 No 5 S Direct
Common Stock Acquisiton 2009-12-16 335,281 $0.00 2,058,267 No 5 J Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 5 S Direct
No 5 S Direct
No 5 S Direct
No 5 J Direct
Footnotes
  1. The shares were received pursuant to that certain merger agreement (the "Agreement") between Keryx Biopharmaceuticals Inc. ("Keryx") and ACCESS Oncology, Inc. ("ACCESS") dated January 7, 2004, as amended. Under the terms of the Agreement, the common stockholders of ACCESS did not receive any compensation at the time the merger closed, but are due to receive common stock in Keryx upon the achievement of certain milestones. This issuance of Keryx common stock to Mr. Weiss represents the first milestone payment under the Agreement, and was triggered by the initiation of a Phase 3 registration trial of KRX-0401 (perifosine).
  2. Based on a closing price of $2.73 per share on December 16, 2009, the 335,281 shares issued to Mr. Weiss were valued at $915,317.13.